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In 1H, Cathay Pacific revenues declined by nearly 50% Y/Y. While the government of Hong Kong helped the airline to stay afloat, the high debt load, along with a weak recovery, is making the airline uninvestable. We hold no position in the company. For further details see: ...
In a recent report , I discussed Qatar Airways threatening Boeing ( BA ) and Airbus ( OTCPK:EADSF ) to exclude either jet maker from future aircraft procurements if the jet makers would not be willing to cooperate with the Gulf carrier on delaying aircraft deliveries. The airline has a $17.7B...
Source : ClearBridge Investments Editor's Note : The summary bullets for this article were chosen by Read more ...
- Companies want both the collaborative atmosphere the physical office provides and the flexibility to support remote working for their employees - Demand for flexible workspace increasing amid uncertainty as companies look for cost-management solutions HONG KONG, June 18, 2020 - (ACN Newswi...
Standard Chartered: Over Exposed Long-Term to Hong Kong and China Standard Chartered ( OTCPK:SCBFF ) and HSBC ( HSBC ) have had their share prices depressed for reasons including their perceived heavy exposure to Hong Kong and China at a time of rising political pressures in the region ...
In a previous report , I had a look at some of the cost benefits Boeing ( BA ) could be having regarding its liabilities in connection with the Boeing 737 MAX in China. In a subsequent piece I expanded that to map the impact on the Boeing 737 MAX for global operators using an extended mod...
"Without a lifeline from governments we will have a sectoral financial crisis," according to the International Air Transport Association, which called for extending lines of credit to airlines, reducing infrastructure costs and cutting taxes. More news on: JetBlue Airways Corporation, Am...
An unprecedented 30-day ban on foreigners arriving from most of Europe is set to further roil the travel industry, especially ahead of the peak spring and summer travel season. More news on: American Airlines Group Inc., United Airlines Holdings, Inc., Delta Air Lines, Inc., Top stock mark...
Multifaceted show displays city's aesthetic and design prowess HONG KONG, Feb 4, 2020 - (ACN Newswire) - Four Hong Kong fashion labels will launch collections at London Fashion Week Autumn/Winter 2020, showcasing the city's fashion creativity to industry elites and style influencers from aro...
Fruitful returns for keen overseas wine merchants HONG KONG, Nov 10, 2019 - (ACN Newswire) - The 12th HKTDC Hong Kong International Wine & Spirits Fair, organised by the Hong Kong Trade Development Council (HKTDC), ended on Saturday (9 November) after a successful three-day run (7 to 9 N...
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Hong Kong’s lead airline Cathay Pacific (OTCMKTS: CPCAF) is struggling with “unprecedented” staff shortages and may not be capable of handling a rise in demand, as the city rolls back restrictions and allows international travel. Nevertheless, the end of...
- Companies want both the collaborative atmosphere the physical office provides and the flexibility to support remote working for their employees - Demand for flexible workspace increasing amid uncertainty as companies look for cost-management solutions HONG KONG, June 18, 2020 - (ACN Newswi...
Multifaceted show displays city's aesthetic and design prowess HONG KONG, Feb 4, 2020 - (ACN Newswire) - Four Hong Kong fashion labels will launch collections at London Fashion Week Autumn/Winter 2020, showcasing the city's fashion creativity to industry elites and style influencers from aro...